Your company imports watches from Switzerland. The exchange rate is given in the following table:

	In US$	Per US$
Swiss Franc	1.135	0.8799

You have just placed an order for 20,000 watches at a cost to you of 150.00 Swiss francs each. You will pay for the shipment when it arrives in 90 days. You can sell the watches for $200 each. Calculate your profit if the exchange rate goes up or down by 10 percent over the next 90 days. What is the break-even exchange rate? What percentage rise or fall does this represent in terms of the Swiss franc versus the U.S. dollar?